01172017Tue
Last update: Tue, 17 Jan 2017 10pm

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The government is considering different names to fill the post of the new Chairman of the Federal Board of Revenue (FBR) as the incumbent Chairman Nisar Mohammad Khan will be retiring on January 18, 2017. Sources said name of the new FBR chairman is being finalised by Finance Minister Ishaq Dar with the approval of the Prime Minister. At present, there is no possibility of granting any extension in the tenure of existing FBR chairman.
Army Chief General Qamar Javed Bajwa says Pakistan has undertaken operations against terrorists of all hue and colour and there are no safe havens inside Pakistan to be used against Afghanistan. He was talking to Commander US CENTCOM General Joseph L Votel in Rawalpindi on Monday.
Thousands of Pakistanis who fled to Afghanistan to escape fighting between the army and militants in the north-western tribal areas began returning home Monday, two years after they were displaced, officials said. The first batch of 200 tribal families from North Waziristan district, or some 2,000 people, were being greeted by officials at the Ghulam Khan border crossing, local administrator Kamran Khan Afridi told AFP.
Oman said it received 10 inmates from the US military prison at Guantanamo Bay on Monday, in a move to reduce their number days before US President Barack Obama leaves office. The statement from the sultanate's foreign ministry did not disclose the nationality of the prisoners who would reside in the Gulf Arab country on a temporary basis.
A Turkish cargo jet crashed near Kyrgyzstan's Manas airport on Monday, killing at least 37 people, most of them residents of a village struck by the Boeing 747 as it tried to land in dense fog, Kyrgyz officials said. According to the airport administration, the plane was supposed to make a stopover at Manas, near the capital city Bishkek, on its way from Hong Kong to Istanbul. It crashed when trying to land in poor visibility at 7:31 am (0131 GMT).
Bearish trend continued on Pakistan Stock Exchange (PSX) and the benchmark KSE-100 index declined by 321.96 points to close at 48,888.54 points on Monday. Selling was seen by both local and foreign investors. The foreign investors remained net sellers of shares worth $12.2 million.
On Monday, BRIndex30 opened at 27,073.12. It touched an intraday high of 27,390.40 and an intraday Low of 27,058.31 and closed at 27,277.50 which was 204.38 points or 0.75 percent higher than previous close. Total volume was 159,045,500, which was 50.32 percent of KSE All share volume and 101.19 percent of KSE 100 volume. The KSE All Share volume was 316,062,160 and KSE 100 volume was 157,168,840.